Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Shorted: Short Interest Down 74.1% in October

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 10,613 shares, a decline of 74.1% from the September 30th total of 41,005 shares. Based on an average daily trading volume, of 116,625 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Pacer Data & Infrastructure Real Estate ETF Stock Performance

SRVR traded up $0.18 during trading on Wednesday, reaching $28.19. 95,073 shares of the company’s stock were exchanged, compared to its average volume of 108,589. The company’s fifty day moving average price is $29.55 and its 200-day moving average price is $31.76. Pacer Data & Infrastructure Real Estate ETF has a fifty-two week low of $26.96 and a fifty-two week high of $35.81. The firm has a market capitalization of $291.80 million, a PE ratio of 41.56 and a beta of 0.99.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Pacer Data & Infrastructure Real Estate ETF stock. CX Institutional purchased a new position in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,679 shares of the company’s stock, valued at approximately $48,000.

Pacer Data & Infrastructure Real Estate ETF Company Profile

The Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market cap-weighted index of real estate companies from developed markets that are related to data and infrastructure. SRVR was launched on May 15, 2018 and is managed by Pacer.